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An attorney fee clause breaks the default fee rule and identifies which party must pay the other party's (or parties') lawyers' fees and other costs and expenses.
One-sided attorney's fees clauses state that one party recovers attorney's fees in the event of litigation; however, the other party the disadvantaged partyis unable to recover attorney's fees. In the event of a contract dispute, unilateral attorney's fees clauses significantly influence the course of litigation.
Anyone who likes police or legal fiction will probably have noticed that the U.K. uses the term solicitor where the U.S. uses the term attorney.
Florida's one-way attorney fee statute is intended to shield policyholders against legal bills if they want to sue their insurers for failure to pay or lowballing claims.
What is a typical percentage for contingency fees? In general, contingency fee percentages range from 33% to 40%, depending on the amount the client could potentially win, the strength of the case, and other factors. I have seen contingency fees as high as 50% (for small cases) and 15% (for very large cases).